How Are Lottery Winnings Taxed by State?
How Are Lottery Winnings Taxed by State?
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states that don't tax lottery winnings
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Under Act 84 of 2016, the Pennsylvania personal income tax of percent now applies to Pennsylvania Lottery cash prizes paid after January 1, 2016 State income taxes for the highest bracket vary from 0 to %–excluding California and Pennsylvania, which exempt lotto winnings Here's what
slot slot88 Florida is another state that does not tax lottery winnings Individuals who win the lottery in Florida are not required to pay state taxes on their winnings If you win over $5,000 from a Powerball or Mega Millions jackpot, or any lottery game, state lotteries are required to withhold 24% in federal